Cummins Range contains an Inferred Resource of 4.17 million tonnes at 1.72% rare
earth oxide (REO), 11.0% phosphate (P2O5) and 187ppm uranium (U3O8) (at a 1%
REO cut-off), including a higher grade zone comprising 1.09 million tonnes at 2.79%
REO (2% REO cut-off)*. The deposit remains open in all directions and the scope for
future material resource upgrades is strong.
The Cummins Range REO deposit is located in the Kimberley region of Western
Australia, and is one of very few Australian advanced REO deposits for which a mineral
resource has been delineated.
Mineralisation is hosted by a diatreme, only a small portion of which has been drill-
tested to date. Navigator has thus far drilled 93 holes over an area of approximately
500 metres (north-south) by 400 metres (east-west) and there is excellent potential to
expand the REO resource with further exploration. Mineralisation exists as a near-
surface blanket in the regolith, up to 50 metres in thickness, and overlies carbonatite
and pyroxenite bedrocks.
The Cummins Range REO deposit is located in the Kimberley region of Western
Australia, and is one of very few Australian advanced REO deposits for which a mineral
resource has been delineated.
Mineralisation is hosted by a diatreme, only a small portion of which has been drill-
tested to date. Navigator has thus far drilled 93 holes over an area of approximately
500 metres (north-south) by 400 metres (east-west) and there is excellent potential to
expand the REO resource with further exploration. Mineralisation exists as a near-
surface blanket in the regolith, up to 50 metres in thickness, and overlies carbonatite
and pyroxenite bedrocks.
Bisherige Bewertung, vermutlich aus März 2008 stammend:
Cummins Range – Fast Facts
JORC Resource: 4.17Mt @ 1.72% REO, 11.0% P2O5 & 187ppm U3O8
Total Rare Earth Oxide: 71,700 tonnes
Total Phosphate: 458,700 tonnes
Total Uranium Oxide: 780 tonnes
Rare Earth Oxide Mix: 95.6% Light, 4.1% Medium & 0.3% Heavy
Value of Unit REO: US$9,050 per tonne
Independently assessed value of Cummins Range: A$10-20 million